by Big Wave Trader | Sep 13, 2014
The Big Wave Trading Portfolio is currently under a NEUTRAL condition across the board as most major market indexes continue to trade in a narrow overall price range the past few weeks. This is not surprising given that we have now been overbought for the past couple...
by Big Wave Trader | Sep 12, 2014
Another wild intraday session for stocks, but buyers were able to win out at the end of the session. Volume on the exchanges was mixed, but the major indexes saw volume lower on the day. Over the past two sessions the market has been able to work off oversold...
by Big Wave Trader | Sep 11, 2014
A quiet day for economic news for CNBC and Bloomberg as they continued their focus on the NFL’s handling of the Ray Rice situation. AAPL was able to climb higher today after yesterday’s roller coaster ride. The stock was able to push the NASDAQ higher despite the...
by Big Wave Trader | Sep 9, 2014
Turnaround Tuesday went in the opposite direction today with stocks falling on higher turnover as small cap stocks once again lead to the downside. Just after the announcement of the new product lineup out of AAPL it appeared as if this market would rally. However,...
by Big Wave Trader | Sep 9, 2014
Today started relatively quiet as futures simply did not have any news to digest. From the start it was the NASDAQ seeing the most attention as the index quickly recovered early morning losses. Unfortunately, once mid-morning hit the market as unable to gain much...
by Big Wave Trader | Sep 7, 2014
The Big Wave Trading Directional Models have undergone a couple of changes the past week. The first change was on Thursday when our models switched to NEUTRAL following the back-to-back gap reversals in overbought conditions. The second change came on Friday when the...
